Every business requires a solid production plan if it wants to maximize productivity. However, ensuring materials, equipment, and human resources are accessible when and where needed is a lot of work. Successful production planning is a long and challenging complex process. Similar to a road map, production planning helps your … Read more
In the business world, resilience is always in demand. Resilient businesses can weather the shocks and stay solid and profitable when facing many challenges. Achieving supply chain resilience is essential for any business looking to stay competitive in today’s economy. The recent COVID-19 pandemic reinforced an undeniable business reality: it … Read more
The eCommerce industry has grown significantly over the last few years. More consumers are shopping online, and more retailers are maximizing their online eCommerce presence. The growth within the industry changes consumer behavior in meaningful ways and vice versa. eCommerce patrons have more options and information available today and, as … Read more
Amazon might only be 25 years old, but it secured its place globally as the top eCommerce platform. The marketplace has become a valuable tool and veritable gold mine for online retailers. In 2019, more than 200,000 third-party sellers made upwards of $100,000 on the platform. Considering how consumers purchase … Read more
In today’s digital age, data is continually created, with people producing information at a staggering rate. Each person on the planet makes 1.7 MB of data every second. The problem no longer lies with valuable sourcing info, but it lies with interpreting data and making the numbers useful. Big Data … Read more
What is Contactless Shopping? 2020 has been a life-changing year. The COVID-19 pandemic is undeniably the year’s most significant driver of change, disrupting the way people socialize to the way they shop. Even as businesses start to reopen, health and safety remain to be a top priority. Thus, normalizing the … Read more
Inventory is one of the essential facets of the global economy. Contrary to popular belief, inventory isn’t merely the items that a company has on hand and are ready to be sold. It is a form of a business asset that can affect cash flow, production cost, and overall profitability. … Read more
Reading time: 3 min 45s The Ultimate VAT Guide for Ecommerce Retailers in Europe The EU is a massive market for retail sales. But ecommerce retailers have to understand the basics of EU VAT rules along with applicable VAT on online sales when selling into Europe. This is important to … Read more
China has been the world’s top exporter for over a decade. In 2013, the Asian powerhouse became the world’s largest trading nation – finally usurping the United States that held the position for years. While China is the world’s no.1 marketplace, importing goods is as lucrative as exporting Chinese manufactured … Read more
Reading time: 3 min 15 secs Your -commerce business success will depend on how well you’re able to handle all of the responsibilities involved. A lot will be required, from manufacturing or sourcing your products to effective branding and marketing, shipping and logistics, customer service, and more. There’s a lot … Read more
3PL Providers: Who They Are and What They Do The order volume of start-up eCommerce businesses is often low, making it easily manageable through self-order fulfillment. On the other hand, scaling online stores often find it much more efficient to outsource the complete order fulfillment process to third-party logistics companies … Read more
Reading time: 3 min 7s The EU recently reached an agreement to extend the Brexit deadline to 31 January 2020. For the businesses importing or exporting to the UK or EU, specific changes can be expected. But you don’t have to wait until the disruption finally occurs. To avoid disruptions … Read more
